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March 29, 2011 12:33 am GMT
Newsy, a multisource video news service that analyzes the world's news coverage, announced today that it has closed a $1.5 million series B round led by a St. Louis-based private equity firm. The second round adds to the $2.75 million in funding Newsy has already raised, bringing total investment to $4.25 million.The funding will be used to grow the company's editorial, marketing and sales teams. As its name would suggest, Newsy is a news-destination service that monitors, analyzes, curates and presents the world's news coverage. Through bite-sized 2 to 3 minute video segments, Newsy offers busy people a useful way to quickly consume the important news stories of the day from around the world.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fvZCa9OOduc/
Newsy Raises $1.5 Million in Series B Funding For Mobile News
Newsy, a multisource video news service that analyzes the world's news coverage, announced today that it has closed a $1.5 million series B round led by a St. Louis-based private equity firm. The second round adds to the $2.75 million in funding Newsy has already raised, bringing total investment to $4.25 million.The funding will be used to grow the company's editorial, marketing and sales teams. As its name would suggest, Newsy is a news-destination service that monitors, analyzes, curates and presents the world's news coverage. Through bite-sized 2 to 3 minute video segments, Newsy offers busy people a useful way to quickly consume the important news stories of the day from around the world.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fvZCa9OOduc/
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